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We have seen the first daily close below the long term trend-line support, which indicates much more downside to come. We already had an impulsive count towards the downside, so the break below the trend-line support is no surprise and just confirms, what we already was looking for.

Short term we will be looking for a decline to 1.3444 as long as minor resistance at 1.3478 protects the upside, but the short term downside pressure is maturing fast and from 1.3444 or upon a break above 1.3478 look for a correction towards 1.3500 and likely even 1.3528 before lower again.

Remember that corrections during thrid waves tend to small or even sub-normal.

Just wanted to drop you a note to say great call on nat gas as it held 2.67

Great job.

Tommy

Ananyavrat

2016-06-24

Hi Surfer,

Super calls !! And analysis.

Bravo for your brexit call !!
Whats next?

Ull need to update all indices!

Ananyavrat

Duane

2014-05-26

Great job this week!! Wish that I had more capital to capitalize on all of your great calls! The ones that I have managed to catch have been extremely profitable. I really appreciate you sharing you v...

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